- Southern Co reported adjusted earnings per share (EPS) at 92 cents, surpassing analyst estimates of 88 cents, despite being lower than the previous year’s EPS of $1.10.
- The company’s operating revenue reached $6.97 billion, marking a 7.9% increase year-over-year and exceeding the estimated $6.44 billion.
- Alabama Power’s operating revenue was $1.97 billion, up by 5.1% compared to the previous year, beating estimates of $1.84 billion.
- Georgia Power achieved an 8.2% year-over-year increase in operating revenue, reaching $3.11 billion, surpassing the estimated $3 billion.
- Mississippi Power generated $400 million in operating revenue, a 9.9% rise compared to last year, slightly below the $402.7 million estimate.
- Southern Power reported $546 million in operating revenue, a 4.2% increase year-over-year, falling short of the $582.6 million estimate.
- Southern Company Gas saw an 18% jump in operating revenue, totaling $979 million, ahead of the $896.8 million estimate.
- Total electric sales were 49,858 mmkwh, closely aligning with last year’s figure of 49,897 mmkwh.
- Commercial electricity sales rose by 1.3% year-over-year to 12,836 mmkwh.
- Industrial electricity sales increased by 2.8% to 12,668 mmkwh compared to the previous year.
- The company’s operating expenses climbed by 15% year-over-year to $5.21 billion, surpassing the estimated $4.72 billion.
- Southern Co’s stock received 11 buy ratings, 9 hold ratings, and 2 sell ratings from analysts.
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Southern Co/The on Smartkarma
Analysts at Baptista Research are bullish on Southern Company, as per their recent report titled “Southern Company: Is The Growth in Southern Power’s Asset Portfolio Sustainable?” The report highlights the company’s strong performance in the fourth quarter of 2024, with adjusted earnings per share (EPS) reaching $4.05, an 11% increase from the previous year. Southern Company’s success is attributed to consistent investments in state-regulated utilities and effective management of weather-related impacts. Positive aspects from the earnings report include the addition of 57,000 new residential electric customers and 26,000 new customers in natural gas distribution businesses, indicating robust growth, especially in the Southeast.
A look at Southern Co/The Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, The Southern Company exhibits a strong long-term outlook. With solid scores across various factors, including Value, Dividend, Growth, Resilience, and Momentum, the company is positioned well in the market. The company’s robust Dividend and Growth scores indicate a stable and expanding business model, while its Momentum score suggests positive market sentiment. Additionally, its Resilience score underscores its ability to weather market fluctuations.
The Southern Company, a public utility holding company operating primarily in the southeastern United States, demonstrates strength across key Smartkarma Smart Scores. Its diversified services, which include electricity generation, wholesale, and retail, as well as telecommunications offerings, contribute to its positive outlook. Overall, The Southern Company’s balanced performance across Value, Dividend, Growth, Resilience, and Momentum scores sets a promising tone for its future prospects in the utilities sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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